In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.
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Investors should approach all investments with a healthy sense of skepticism. This can help keep you out of fraudulent stocks that masquerade as high-quality stocks. It will also keep you out of legally operated, but poorly managed, companies that promise more than they can possibly deliver.
If you are a new investor, you should also realize that losing patience can cause you to sell your best choices right before a big rise. All too often, investors buy a promising stock just as it enters a period of price stagnation. Even the best-performing stocks run into these unpredictable phases from time to time. They move mainly sideways in a wide range for months or years before their next big rise begins. (Stock brokers often refer to these stocks as “dead money.”)
If you lack patience, you run a big risk of selling your best choices in the midst of one of these phases, prior to the next big move upward. If you lose patience and sell, you are particularly likely to do so in the low end of the trading range, when stock prices have weakened and confidence in the stock has waned.
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Rare-earth elements are used in a variety of modern devices and applications: magnets in small and large motors; glass additives and glass polishing compounds; rechargeable batteries; television and computer screens; lighting; X-ray machines; and lasers.
The stock is a recommendation of our Power Growth Investor newsletter....
Investment professionals call these two approaches “bottom-up” and “top-down.” Using the bottom-up approach, you focus on understanding what’s going on in the investment world....
Really, that response is an extension of our three-part investment philosophy. You’ve heard it before, but it bears repeating given today’s market volatility:
1) Invest mainly in...
Really, that response is an extension of our three-part investment philosophy. You’ve heard it before, but it bears repeating given today’s market volatility:
1) Invest mainly in well-established,...
The company is the largest wireless (cellphone) carrier in the U.S., with 117.96 million subscribers (excluding mobile devices such as tablets). It also has 14.11 million high-speed Internet users and provides traditional telephone services to consumers and businesses.
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Portillo’s is best known for its Chicago-style hot dogs, Italian beef sandwiches, char-grilled burgers, fresh salads and “famous” chocolate cake....
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The company owns a 93,300-kilometre pipeline network, which pumps natural gas from Alberta to eastern Canada and the U.S. It also has gas pipelines in Mexico, and it owns or invests in seven power plants in Canada and the U.S.
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